What nominal annual rate of interest compounded monthly was paid if contributions of $597.08 made into...
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What nominal annual rate of interest compounded monthly was paid if contributions of $597.08 made into an RRSP at the beginning of every month amounted to $110,000 after eleven years? The nominal annual rate of interest is %. (Round to two decimal places as needed.) What nominal annual rate of interest compounded monthly was paid if contributions of $597.08 made into an RRSP at the beginning of every month amounted to $110,000 after eleven years? The nominal annual rate of interest is %. (Round to two decimal places as needed.)
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